Serial entrepreneur Paula Long, one of the few females who has started hard-core technology companies that sell products to businesses, released more details on her latest venture—DataGravity Inc., a startup that is using technology to bring intelligence to data storage.

Ms. Long previously co-founded EqualLogic Inc., a storage area networking company that was acquired by Dell Inc. in 2008 for about $1.4 billion. That price was more than 10 times EqualLogic’s trailing revenue and became at the time Dell’s largest purchase ever, according to The Wall Street Journal.